VP, Counterparty Credit Risk- Corporate & Investment Banking

Santander Holdings USA Inc
New York, United States
$121.5K-$190K a year
Permanent
Full-time

Responsibilities

  • Serves as a daily contact and ensures ongoing CCR support and oversight for all applicable US Santander Entities.
  • Runs CCR models (stress testing, back testing, and settlement risk) that meet internal and external requirements.
  • Assist in maintaining, testing, and improving CCR models; handles calibration, simulation, and pricing across all major asset classes.
  • Formalizes testing protocols and processes to ensure that risk analytics deliverables that require system implementation are thoroughly tested, documented, and signed off ahead of production release.
  • Assist in setting and monitoring CCR limits.
  • Ensures key risks and issues are identified, documented, mitigated, andmunicated to the appropriate stakeholders in a timely manner.
  • Develops robust reporting to facilitate effective executive management requirements.
  • Performs statistical analysis of large volume of financial data, such as historical data analysis.
  • Works with IT on systems implementation.
  • Oversees and ensures consistent quality control, accuracy, andpliance with internal policies and regulatory requirements for reporting processes.
  • Manages risk analytics regulatory and BAU projects to ensure fulfillment of requirements and a timely delivery.
  • Creates and maintains project plans and status reports.
  • Establishes and manages project forums as appropriate; prepares meeting materials and minutes.

Qualifications :

  • 5-to-8-year experience within the financial industry.
  • Bachelor's Degree in Statistics, Math, Finance, Accounting, Economics, or equivalent field.
  • Knowledge of derivatives and lending products, stochastic calculus and linear algebra.
  • Ability to analyze risk and design efficient control practices to manage risk.
  • Ability to interact with all levels of management, work independently and in a team environment.
  • Ability to multi-task, prioritize activities, manage conflicts of interest and meet deadlines.
  • Demonstrated knowledge of credit policies, procedures, regulations and applicable law (SA-CCR and Basel III).
  • Excellent written and verbalmunication skills.
  • Solid project management skills.
  • Knowledge of SQL, Python, Microsoft Excel and PowerPoint.

Some additional characteristics :

  • Proactive approach, initiative and resourcefulness
  • Entrepreneurial spirit and attention to detail
  • Team player

Diversity & EEO Statements : At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams.

We actively encourage everyone to apply.

Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions : Frequent Minimal physical effort such as sitting, standing and walking. Occasional moving and lifting equipment and furniture is required to support onsite and offsite meeting setup and teardown.

Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.

Employer Rights : Employer Rights : This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties.

You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time.

This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

Masters of Science (MS) English

Primary Location : New York, NY, Madison Ave Corp

Other Locations : New York-New York

Organization : Banco Santander

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week.

The exactpensation may vary based on skills, experience, training, licensure and certifications and location.

Salary : $121,500 - $190,000 / year Job ID 1420251846

30+ days ago
Related jobs
Santander Holdings USA Inc
New York, New York

CLO Warehouse (Securitization) Credit Risk 2nd Line of Defense- Corporate & Investment BankingNew York, United States of America. The role will report to the Head of Securitization Credit Risk and will sit within Structured Finance Credit Risk Team. Risk Management, Credit Risk, CLO Warehouse Financ...

Santander Holdings USA Inc
New York, New York

CLO Warehouse (Securitization) Credit Risk 2nd Line of Defense- Corporate & Investment BankingCLO Warehouse (Securitization) Credit Risk 2nd Line of Defense- Corporate & Investment Banking. The role will report to the Head of Securitization Credit Risk and will sit within Structured Finance Credit R...

Career Developers
New York, New York

Ratings, credit banking financial services insurance risk manager Ratings, credit banking financial services insurance risk manager Ratings, credit banking financial services insurance risk manager Ratings, credit banking financial services insurance risk manager. Assign credit risk ratings and cred...

Morgan Stanley
New York, US

The role will reside within the Firm Risk management's Credit Risk Management Department, on the Corporate Lending Credit Risk Team, which is responsible for the independent identification, evaluation, monitoring of credit risk associated with ISG corporate lending activities. Bachelor's degree with...

City National Bank
New York, New York

CREDIT ANALYST II CORPORATE BANKING WHAT IS THE OPPORTUNITY? The Credit Analyst assists Corporate Banking Credit colleagues with recommendations for new credit and extensions of credit through research, analysis, and coordination of accurate documentation. Must-Have* Bachelor's Degree or equivalent ...

SGS Société Générale de Surveillance SA
Queens, New York

The Candidate will have a leading role in the structuring/modeling/executing of new issue BSL and Private Credit CLO transactions and other credit products managed by the Desk. Assisting the Desk’s senior leadership team with the origination of new BSL and Private Credit mandates, and working on inn...

Arena Investors I Quaestor Advisors
New York, New York

Our company is a leading investment firm that creates risk-adjusted returns for its investors across a wide variety of fundamentals-based, credit focused investment opportunities around the world. Working closely with the Managing Director and Vice President of the Corporate Private Credit team in N...

Redefined Corp
New York, New York

Apply below after reading through all the details and supporting information regarding this job opportunity.This job is responsible for independently performing test work during highly complex audit activities for Lines of Business (LOBs).Key responsibilities include independently designing and exec...

CCG Business Solutions, LLC
New York, New York

Key responsibilities include driving risk-based auditing by defining scope and test procedures, evaluating the control environment in accordance with audit policies, assessing issues for business impact, recommending severity ratings, drafting audit reports, and managing business partner relationshi...

City National Bank
New York, New York

CREDIT OFFICER II CORPORATE BANKING WHAT IS THE OPPORTUNITY? Participates in the loan management process by providing credit and loan underwriting expertise to a Corporate Banking team. Must-Have* Bachelor's Degree or equivalent minimum of five years experience in underwriting corporate banking loan...